PVH Corp. (PVH) Tops Q2 EPS by $2.55
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PVH Corp. Reports 2020 Second Quarter Results and Provides Business Update Relating to COVID-19 Pandemic
September 2, 2020 4:15 PM EDTSecond quarter results exceeded the Companys expectations despite continued disruption from the COVID-19 pandemic: Revenue decreased 33% to $1.581 billion compared to the prior year period, which was an improvement compared to the percentage revenue decrease for the first quarter The Companys revenue through its digital channels grew over 50%, with sales through its directly operated digital commerce businesses up 87% compared to the prior year period EPS was $(0.72) on a GAAP basis and $0.13 on a non-GAAP basis Strengthened financial position with over $2.7 billion of liquidity,... More
